Windermere Florida Realtor

Windermere Market Report

2nd Quarter of 2020

Thank you for taking minutes to read the Ron the Realtor Windermere Real Estate Report. Breaking down the Windermere real estate market in a way not found anywhere else on the internet. With deep analysis and boots on the ground accounts from Windermere resident, 4th in the history of closed sales in Orange County, and #1 Remax Realtor in State of Florida 3 consecutive years running.

The 2nd quarter was like one never seen in history. The largest employer in the entire state closed its doors, the major import business of the area (tourism) came to screeching halt, the stock market took a massive blow to the chin and our government leaders issued stay at home, shelter in place orders for a significant portion of the 2nd quarter.

Yet Windermere still outpaced the local and national markets, with massive jumps in average sale price jumping over $700,000 and breaking the $200 a foot price for the first time EVER. Doing so with a record low inventory and a drop in units closed of an unheard of 50% from 2019 2nd qtr

732,826

Average Sale Price
6
Increase

56

Average Days on Market
22
Increase

203.48

ave $/ft
7
Increase

465,000

Median Sale Price
6
Increase

2020 2nd Qtr comparison VS 2019

 

In typical RTR fashion, let’s take out the multi-family and look at the single-family as its own market. When we do really big jumps occurred in 34786 this quarter, Average Sale Price spiked 17% and shattering the $800,000 ceiling, dragging with it the $/ft price well over $200!

Single-Family Homes 1st Quarter 2019 Winter Garden

842,886

Average Sale Price
17
Increase

65

Average Days on Market
25
Decrease

212.93

ave $/ft
8
Increase

530,000

Median Sale Price
1 1/2
Decrease

RTR BREAKDOWN

Windermere crushed it in all major categories, record low inventory and the massive influx of out of town buyers from higher-priced markets is pushing values upward quicker than I have seen since 2005/2006. Windermere is a very unique market with its high concentration of man guard gated estate communities, in today’s insane environment where protestors are encouraged, organized and funded… many are really seeing the importance of the manned guard gate and are willing to pay more to get behind one. There were 5 homes sold in the 2nd quarter for over 2.5 M and one broke 5m in Isleworth. I forsee this trend scaling upward in 3rd quarter to even larger units sold in the 3 to 5m range behind these manned gates.

If you are contemplating a sale NOW is the time, 5 weeks left of summer, record low-interest rates, the stock market has rebounded nicely and the November election is still in the balance. Who is the president has never had a larger impact on the luxury real estate market in my 25-year career.

Call RTR today to discuss his proven worldwide market strategy to get your family top dollar, drama-free 407 592 7653.

"Thank you for taking the time out of your day to gain some insight on the local Windermere market that my family personally calls home. I am so blessed to have helped so many families spanning over 2 decades in the area. Earning the #1 Remax Realtor in the entire State of Florida a third consecutive year, voted the Best of Southwest Realtor for FIVE CONSECUTIVE YEARS and named to the Orlando Magazines HOT 100 for the 14th year in a row. I just want to thank everyone in the RTR army for allowing me the honor to represent and fight for your family. Thanks to your confidence in my abilities I am able to be one of the very few that can say I love what I do every day.

God Bless our troops overseas and the families they leave behind. I will never forget that FREEDOM IS NEVER FREE. My family thanks you for your sacrifice."

THE HARDER YOU WORK, THE LUCKIER YOU GET

Past Quarterly Reports

2020 3rd Quarter Winter Garden Real Estate Market Report (Pandemic Edition)

| Blog, Winter Garden News | No Comments
Winter Garden Market Report 3rd Quarter of 2020 Welcome to the most comprehensive Winter Garden…

2020 2nd Quarter Winter Garden Real Estate Market Report (Pandemic Edition)

| Blog, Winter Garden News | No Comments
Winter Garden Market Report 2nd Quarter of 2020 Thank you for taking a few minutes…

2020 1st Quarter Winter Garden Real Estate Market Report

| Blog, Winter Garden News | No Comments
Winter Garden Market Report 1st Quarter of 2020 Welcome to the only place to become…

Contact Ron Today

Call Now Button